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RF Capital Group (TSX:RCG) Cyclically Adjusted FCF per Share : C$5.22 (As of Dec. 2023)


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What is RF Capital Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

RF Capital Group's adjusted free cash flow per share for the three months ended in Dec. 2023 was C$0.200. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is C$5.22 for the trailing ten years ended in Dec. 2023.

During the past 12 months, RF Capital Group's average Cyclically Adjusted FCF Growth Rate was -33.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.00% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -8.80% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of RF Capital Group was 1.10% per year. The lowest was -18.70% per year. And the median was -6.95% per year.

As of today (2024-04-28), RF Capital Group's current stock price is C$6.82. RF Capital Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was C$5.22. RF Capital Group's Cyclically Adjusted Price-to-FCF of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RF Capital Group was 6.85. The lowest was 0.60. And the median was 2.30.


RF Capital Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for RF Capital Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RF Capital Group Cyclically Adjusted FCF per Share Chart

RF Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 6.49 8.56 7.87 5.22

RF Capital Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.87 6.56 7.41 8.29 5.22

Competitive Comparison of RF Capital Group's Cyclically Adjusted FCF per Share

For the Asset Management subindustry, RF Capital Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RF Capital Group's Cyclically Adjusted Price-to-FCF Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RF Capital Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where RF Capital Group's Cyclically Adjusted Price-to-FCF falls into.



RF Capital Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, RF Capital Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.2/125.4675*125.4675
=0.200

Current CPI (Dec. 2023) = 125.4675.

RF Capital Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.264 98.604 -4.153
201406 3.115 99.473 3.929
201409 3.691 99.394 4.659
201412 6.979 98.367 8.902
201503 -0.646 99.789 -0.812
201506 -12.148 100.500 -15.166
201509 15.037 100.421 18.787
201512 14.666 99.947 18.411
201603 -7.911 101.054 -9.822
201606 12.082 102.002 14.862
201609 -16.431 101.765 -20.258
201612 15.212 101.449 18.814
201703 2.883 102.634 3.524
201706 -3.015 103.029 -3.672
201709 -2.313 103.345 -2.808
201712 17.940 103.345 21.780
201803 -8.479 105.004 -10.131
201806 -14.384 105.557 -17.097
201809 5.690 105.636 6.758
201812 4.205 105.399 5.006
201903 -1.417 106.979 -1.662
201906 -2.201 107.690 -2.564
201909 -5.215 107.611 -6.080
201912 8.855 107.769 10.309
202003 25.438 107.927 29.572
202006 -6.357 108.401 -7.358
202009 -19.960 108.164 -23.153
202012 0.759 108.559 0.877
202103 38.056 110.298 43.290
202106 -5.578 111.720 -6.264
202109 2.946 112.905 3.274
202112 -2.656 113.774 -2.929
202203 3.416 117.646 3.643
202206 12.995 120.806 13.496
202209 -18.497 120.648 -19.236
202212 -6.554 120.964 -6.798
202303 -20.106 122.702 -20.559
202306 1.421 124.203 1.435
202309 1.155 125.230 1.157
202312 0.200 125.468 0.200

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


RF Capital Group  (TSX:RCG) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

RF Capital Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=6.82/5.22
=1.31

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of RF Capital Group was 6.85. The lowest was 0.60. And the median was 2.30.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


RF Capital Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of RF Capital Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


RF Capital Group (TSX:RCG) Business Description

Traded in Other Exchanges
Address
100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

RF Capital Group (TSX:RCG) Headlines

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